Wood Partners Breaks Ground on 18-Acre Wooded Site Outside Portland: Alta Amberglen

HILLSBORO, Ore., Sept. 15, 2022 /PRNewswire/ — Leading national multifamily real estate developer Wood Partners today announced the official groundbreaking of the company’s latest luxury residential community, Alta Amberglen, located just west of Portland in Hillsboro, Oregon. With construction of the project now underway, the community is scheduled to officially open in 2024. Located at the intersection of NE Eckert […]

Brazos Residential Expands Footprint in North Carolina with $41M Acquisition.

DALLAS, Sept. 1, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private investment firm specializing in multifamily investments, announces the $41M acquisition of the Wilson Woods Townhomes located in Wilson, NC. The transaction marks the firm’s tenth acquisition in 2022. “Wilson Woods has an exceptionally unique story,” explains James Roberts, Managing Partner, and CofounderTweet this Constructed in 1974, Wilson […]

Groundbreaking Held for New “LOCAL Midtown” Multifamily Development in Nashville

The 307-unit project from Subtext and Brinkmann Constructors will bring modern living to popular Midtown area NASHVILLE, Tenn., Sept. 1, 2022 /PRNewswire/ — Subtext, a St. Louis-based integrated real estate development company, and Brinkmann Constructors, a St. Louis-based national general contractor, held an official groundbreaking ceremony on August 30, 2022 for LOCAL Midtown, a 15-story multifamily project in Midtown Nashville. LOCAL […]

Capital Square Acquires Multifamily Community Near Washington, D.C. for DST Offering

WASHINGTON, Aug. 22, 2022 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of Rivergate, a luxury 402-unit multifamily community in the Washington, D.C. suburb of Woodbridge, Virginia. The community was acquired on behalf of CS1031 Rivergate Apartments, DST. “I thought it could not get […]

MG Properties Acquires Two Sacramento Communities in Multifamily Deal

SAN DIEGO, Aug. 11, 2022 — MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Sacramento presence, today with the acquisition of Eleanor and H16 Midtown Apartments. The two newly combined communities are located along the 16th street corridor in the Midtown submarket of Sacramento. Each community has an attractive contemporary design where […]

37th Parallel Properties Announces Recent Closing of 344-Unit Asset in Fort Worth, TX

RICHMOND, Va., Aug. 10, 2022 — 37th Parallel Properties (“37th Parallel”), a Richmond, VA-based multifamily real estate investment firm, is pleased to announce the recent acquisition of The Heights of Cityview, a 344-unit, 1998-built multifamily asset located in Fort Worth, Texas on behalf of their investors and joint venture partners. This marks the firm’s seventh (7) acquisition in the Dallas-Fort Worth metro and […]

MRI Software Acquires ApartmentData.com, Houston-Based Provider Of Market Research and Data Solutions for Multifamily Properties

SOLON, Ohio, Aug. 4, 2022 — MRI Software, a global leader in real estate software, has acquired ApartmentData.com, further expanding its MRI Living™ suite of property management solutions for the multifamily market. ApartmentData.com is a Houston-based provider of market research and data solutions that enable multifamily property owners and managers to increase property values by optimizing pricing and occupancy. Founded in 1986, the […]

Security Properties Acquires Sienna Pointe in Bend, OR

SEATTLE, Aug. 4, 2022 — On July 29, 2022, Security Properties purchased Sienna Pointe, a 168-unit, Class-B multifamily community located in Bend, OR for $49,500,000. This is Security Properties’ fifth acquisition in the Bend market. Sienna Pointe is conveniently located on Bend’s eastside just a five-minute drive from Downtown. The property is situated at the base of Bend’s most iconic landmark, Pilot Butte. The 114-acre Pilot Butte State […]

Sunsail Capital and ZaneCRE Acquire 350 Unit Apartment Complex in Humble, Texas

HOUSTON, Aug. 4, 2022 — New York-based Sunsail Capital and Dallas-based ZaneCRE™ announced the joint acquisition of Sarah at Lake Houston, a garden-style community located in Humble, Texas, a premier submarket within the Houston MSA. The teams are led by Julia Bykhovskaia at Sunsail Capital, and Iqbal (Ike) Mutabanna and Dustin Howard at ZaneCRE. The Sarah at Lake Houston is a 350-unit, 2020 construction, Class A+ multifamily community […]

Forum investment Group & Brookhaven Capital Partners Acquire Land in Denver for Future Multifamily Development

Project to Feature 300 Apartment Units on a 2.6-Acre Site Located in the Heart of Denver. DENVER, Aug. 3, 2022 — Forum Investment Group (“Forum”), a Denver-based real estate development and investment firm, along with development partner, Brookhaven Capital Partners (“Brookhaven”), announced today the purchase of a marquee, 2.6-acre site at the southwest corner of Colorado Boulevard and I-25, with plans to […]